Thomas H. Lee Co. to Purchase
Fisher Scientific for $1.06 Billion

Buyout firm Thomas H. Lee Co. emerged as the white knight for Fisher Scientific International Inc., agreeing to acquire the company for $1.06 billion, or $51 a share.

The agreement tops a tentative proposal by Fisher's biggest shareholder, Trinity I Fund L.P., which had said in June it was prepared to launch a takeover bid of as much as $48 a share if Fisher management didn't act to boost the share price. Trinity, an investment...